AT&T Reveals Own Suite of Blockchain Solutions

The multinational communications company, AT&T showcases its new products catering blockchain support to its corporate customers

Andy Daudelin, AT&T’s Vice President of Security Solutions, has said that blockchain is enhancing security and is changing the way business is transacted.

Businesses are searching for ways to minimize risk and cost, and to streamline business processes, AT&T offers solutions that can help its Enterprise customers automate and digitize their businesses. According to the company’s recent press release, those from healthcare, retail, manufacturing, and other vertical industries can benefit from this new offering.

Its ecosystem consists of a highly secured and permissioned network where information exchange happens. Its Internet of Things (IoT) have monitoring abilities to increase transparency and accountability to the customer’s supply chains.

The blockchain solutions suite is made to compliment Microsoft Azure and IBM technologies. Its solutions can register data on IBM Blockchain. It’s also assimilating its Asset management Operations Center with IBM Maximo Network.

Related news

LTO Network and IBM Watson are collaborating to transform public services and are currently helping the Dutch District Attorney’s office to streamline their administrative processes.
The LTO Network is a hybrid blockchain platform that offers efficient information exchange through decentralized workflows. Its Live Contracts enable stakeholders to collaborate because they actively instruct humans and computers about the steps to take in a workflow.
Relieving the administrative burden of ZSM processes
ZSM (“zo snel mogelijk”) processes are administrative processes used by the Dutch District Attorney’s office. LTO Network will be working to optimize these processes on the blockchain, ensuring GDPR compliance and data privacy.
ZSM processes, meaning “as soon as possible” in English, are those in which the accused either has to take a simple action or pay a fine. No other steps, such as a court hearing, are necessary. These ZSM processes require extensive administration and running on the LTO Network blockchain with predefined logic automates them. All parties are able to participate using their own systems, and information is exchanged automatically between systems. Errors and lead times on files can be prevented.
IBM Watson will help to further streamline ZSM processes in the course of Q2 this year. When stakeholders input questions in the decentralized workflow, a cognitive computing system will be able to understand them and provide the right answer. It does this by using machine learning and advanced language recognition. The computing system will go through millions of documents looking for patterns. It will then rank results and adjust them until it finds the best answer to the question.
The hope is that the collaboration between LTO Network and IBM Watson will enable criminal cases to be ‘solved’ as much as four times more quickly.
Reducing supervision costs related to waste transportation
In 2018, The Human Environment and Transport Inspectorate (ILT) of the Dutch Ministry for Infrastructure commissioned LTO Network to reduce the supervision costs related to European waste transportation. It believed that a combination of applications for data intake and verification together with blockchain technology would pave the way for more efficient cross-border transfer of waste.
Using the LTO Network blockchain gets rid of heavy bureaucracy and releases human resources to be used on tasks that can’t be automated. Government bodies and companies get real-time verification of each step in a process.
LTO Network began its journey in 2014, and it just got primarily listed on the BitMax.io exchange on Jan 17th, launching with a number of clients and working projects.
Portugal is holding the first government contest that will use blockchain technology to choose the winners of a GovTech contest for startups. In 2018 Chile’s National Energy Commission started using blockchain in energy. Every week, governments are announcing the adoption of blockchain-based technologies for different projects as an efficient, transparent way to streamline data. The blockchain revolution started some time ago, and many governments are busy evaluating and piloting how, where and why to deploy blockchain technology.
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of NullTX. This is not investment, trading, or gambling advice. Always conduct your own independent research.
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MIT Professor: Blockchain Can Allow for More Inclusive, Borderless Economy Blockchain can allow for the creation of a borderless economy, Massachusetts Institute of Technology (MIT) professor Silvio Micali claimed in a interview on Bloomberg’s Daybreak Asia, Jan. 21. Speaking on the show, Micali outlined three major properties of blockchain systems that must function simultaneously to enable a more…
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This week, Miracle Tele (blockchain based Mobile Virtual Network Operator / MVNO) announced the public launch of a loyalty rewards program which has been available to token-holders and investors since last October. The rewards are distributed in the form of an exchangeable crypto token, compared to the non-fungible ‘points’ systems more commonly known (redeemable only […]
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